The Conference Board Does a Good Job Predicting Recessions for Reasons

question 78

Multiple Choice

The Conference Board does a good job predicting recessions for reasons that include ________.

• A)a focus on fewer than five leading variables
• B)exclusive use of real-time data
• C)revisions of the components of its monthly index
• D)all of the above
• E)none of the above

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.